Robust sales of Bean boots help offset the negative effect that warm weather had on the purchases of winter apparel.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, Nation & World, News
Sweden seeks to stop imports of live Maine lobster into Europe
It says the American species can carry diseases and parasites and have negative genetic effects.
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Posted inBusiness, Maine, News
Maine’s percentage of homes in foreclosure remains among nation’s highest
Although repossessions are down, the state’s rate of mortgages in distress ranks seventh in the U.S., partly because of the lengthy court process.
Posted inMaine, News
Four high school jazz ensembles judged tops in Maine
South Portland High School, Greely High School, Mount Desert Island High School and George Stevens Academy take first-place honors in the competition.
Posted inBusiness, Maine, News
Maine fishermen landed a record $616.5 million catch last year
Lobster increased its dominance over the industry, while elvers proved highly lucrative but elusive in a cold spring.
Posted inBusiness
Tight labor markets await Wayfair’s expansion to Maine
The regional unemployment rate around Brunswick is 2.7 percent – the lowest in the state – while Bangor expects displaced L.L. Bean workers will snap up call center jobs there.
Posted inBusiness
Report: Lodging revenue in ‘shoulder season’ not gaining on peak months
Lodging sales overall are on the rise, reaching a record of $849.1 million in 2015.
Posted inBusiness, Maine, Politics
Lawmakers decide Maine’s economic growth strategy needs more time
Government Oversight Committee members suggest that the issue be researched for a possible bill in the next legislative session.
Posted inMaine, News
Portland receives high municipal bond ratings from leading investor services
Standard & Poor’s upgraded its outlook from ‘stable’ to ‘positive,’ while Moody’s reaffirmed its ‘stable’ outlook.
Posted inBusiness, Maine, News
Development group says it is taking Biddeford restaurateur to court over loan default
The Biddeford-Saco Area Economic Development Corp. says Harold Royals defaulted on $125,000 in loans and misspent some of the money borrowed for the Steer N Stein restaurant, which has yet to open.